R3

There is no such thing as a typical user of this system. Users include; independent reservoir engineers doing reserve reports, production engineers working up AFE’s and monitoring daily production, bank engineers tracking petroleum loan packages, CFOs tracking their borrowing base, property tax professionals assessing ad-valorem value, plus investors buying and selling producing properties. TCW’s ProdEval software is a quick and comprehensive Economic Evaluation system for both reserve reporting and prospect analysis. ProdEval has a very easy-to-use and straightforward approach to economic analysis and this methodology serves the user well. For example, the projecting of future production using sophisticated curve fitting techniques that allow the user to simply adjust the curves is one of the big factors that new users find attractive. The system is a rather open-ended system in that it accepts data from many sources; excel worksheets, commercial data sources.

PHDWin is a full-featured, completely integrated economics and decline curve software package written by petroleum engineers for the oil and gas industry. It offers a complete solution to manage, organize, and evaluate reserves and economics. The next generation of PHDwin, Version 3, launching Fall 2020. PHDwin V3 gives all the power to the user. Our highly customizable user interface allows you, your team, and/or your manager to create and share views that will bring efficiency to your workflow. As always, any changes you make trigger real-time recalculations and updated display on the screen. PHDwin V3 has been highly anticipated in the oil and gas world for good reason. No other software platform delivers unparalleled calculation speeds, virtually limitless database size1, practical engineering tools, and sophisticated economic calculations all packaged inside a highly customizable user interface. With PHDwin V3 you’ll achieve better reserves through better economics.